Grants

Eligibility for federal and state grants will be determined upon
timely submission of the annual FAFSA application and fund availability.
It is important to remember that the aid possibilities listed in this
section typically expire once a student has received their first
bachelor's degree. If you have any questions about the information
below, please contact Student Financial Services.

The Federal Pell Grant program provides need-based grants to low-income
undergraduate students to promote access to post secondary education.

Eligibility

Available to Undergraduates pursuing their first
undergraduate degree and not enrolled in a professional
program.

Grant limits

Awards range from $694 to $5730 per academic year
depending on the Expected Family Contribution (EFC)
calculated by the FAFSA.

The smaller the EFC, the larger the possible award.

Required credits

Students must be enrolled full-time (12 credits) to
receive the maximum award

Students enrolled in 9 to 11 credits will receive 75
percent of the maximum award

Students enrolled in 6 to 8 credits will receive 50
percent of the maximum award

A minimum award may be made for student enrolled in
less than six credits per term.

Payment

The Pell Grant is divided between the terms of
enrollment. If a student exhausts his/her Pell Grant
award in summer and fall term, the student may not have
any Pell Grant funds left to apply to spring term.
Students are advised to plan accordingly if they choose
to apply their Pell Grant funds to their summer tuition.

The Federal Supplemental Educational Opportunity Grant (FSEOG) is
designed to assist undergraduates with the highest level of need. The
award ranges from $100 to $750 per year, depending on the availability
of funds and student's EFC.

*Based on federal allocation, SMU may not be able to award all
students that qualify for FSEOG Grant